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Category: Mobile money
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Zimbabwe’s Biggest Bank Looks at Methods to ‘Leverage Cryptocurrencies’
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Mobile money platform Pngme raises $3M to expand across Africa
The fintech firm hopes to expand financial products for the unbanked.
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Historian Niall Ferguson Says Bitcoin Is Winning the Covid-19 Monetary Revolution
Historian and senior fellow with the Hoover Institution at Stanford University, Niall Ferguson says bitcoin is winning the Covid-19 monetary revolution. Hailing the virtual currency as a great place for the rich to store their wealth, Ferguson also notes that the bitcoin’s resilience has forced critics as well as institutional investors to alter their views […]
The post Historian Niall Ferguson Says Bitcoin Is Winning the Covid-19 Monetary Revolution appeared first on Bitcoin News.
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Zimbabwe’s Mobile Money on Life Support as Central Bank Tightens Screws: Restrictions to Affect P2P Bitcoin Trading
Zimbabwe’s Mobile Money Operators (MMO) say they will comply with the latest directive by the central bank to shutdown mobile money agents. In addition, the MMOs will also limit mobile money transactions to $50 (Zwl $5,000) per day while users are now restricted to one mobile money account per person. The directive went into effect […]
The post Zimbabwe’s Mobile Money on Life Support as Central Bank Tightens Screws: Restrictions to Affect P2P Bitcoin Trading appeared first on Bitcoin News.
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New Demand for Cryptocurrencies: Trading on Bitcoin Cash KYC-Free Exchange With Blind Escrow
Governments are injecting record levels of new money into economies to contain the impact of shutdowns. Restrictions imposed on people in countries all over the world have forced many to look for alternative but safe ways of transacting. This is one reason why blind escrow bitcoin cash trading is increasing: it is not burdening users […]
The post New Demand for Cryptocurrencies: Trading on Bitcoin Cash KYC-Free Exchange With Blind Escrow appeared first on Bitcoin News.
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Zimbabwe’s Battle To Control Currency Inadvertently Boosts Bitcoin Profile
Zimbabwe’s deteriorating economic situation is forcing authorities to sign off on some desperate and controversial decisions. Some of such decisions include the abrupt suspension mobile money as well as the recent designation of Zimswitch as a national payment switch. Reserve Bank of Zimbabwe Suspends Mobile Money Service Owned by banks, Zimswitch is the current payments […]
The post Zimbabwe’s Battle To Control Currency Inadvertently Boosts Bitcoin Profile appeared first on Bitcoin News.
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Crypto Use-Cases in Africa on the Rise, According to Luno
Twitter and Square CEO, Jack Dorsey recently said “Africa will define the future (especially the Bitcoin one!)” But was he right? Crypto in Africa on the Rise Sad to be leaving the continent…for now. Africa will define the future (especially the bitcoin one!). Not sure where yet, but I’ll be living here for 3-6 months […]
The post Crypto Use-Cases in Africa on the Rise, According to Luno appeared first on Bitcoin News.
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Bitcoin Cash House Ghana Finds Liquidity Provider, Seeks to Partner With Mobile Money Services
Bitcoin Cash House Ghana has announced they’ve found a liquidity provider for converting between BCH and Ghanaian cedi, and are now preparing to furnish their building and move in, preparing for official launch on March 1. A new read.cash post from organizer Kousha detailed the status of the project and also initiated a small fundraiser […]
The post Bitcoin Cash House Ghana Finds Liquidity Provider, Seeks to Partner With Mobile Money Services appeared first on Bitcoin News.
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Zimbabwe Bans Popular Mobile Money Services From Paying out Fiat Cash
Zimbabwe is once again showing the need to take away from politicians the power to control normal people’s money. The government there is now trying to cope with the results of mismanaging the economy by preventing citizens from using their fiat currency as they see fit. Also Read: Bittrex, Coinbase and Kraken Set up Crypto […]
The post Zimbabwe Bans Popular Mobile Money Services From Paying out Fiat Cash appeared first on Bitcoin News.
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